Lending Services Assistant

Overview : The Presbyterian Investment and Loan Program, Inc. (ILP) is a nonprofit corporation of PC(USA) created to provide low-cost loans to congregations, governing bodies and related entities of PC(USA). We provide loans for the construction or purchase of buildings, renovations, and even refinancing of existing debt.Whether it is reshaping a space to meet the needs of a changing congregation, reducing the carbon footprint by utilizing energy efficient products and renewable energy sources, or expanding mission and outreach efforts by reducing the amount of funds necessary for debt service, the Program seeks to partner with congregations to determine the best financial results for the project.The Investment and Loan Program raises funds for lending by selling interest-bearing term notes. Every day, Presbyterians across the country are supporting the growth of mission and ministry throughout our denomination. The Investment & Loan Program, as a nonprofit, does not have any shareholders. Its sole member, which is nonvoting, is the Presbyterian Church (U.S.A.), A Corporation.Position Purpose : The Presbyterian Investment & Loan Program offers low-cost loans to Presbyterian churches and other Presbyterian related entities for renovations, new construction, and lines of credit. The Lending Services Assistant coordinates loan closings, prepares loan commitments, and gathers loan documents for the loan closings. This role requires expertise in working with title companies, reviewing loan documents for accuracy, and knowledge of banking software. Additionally, the Associate collaborates with loan committees, prepares loan packets, and records meeting minutes, ensuring all information provided is accurate.Preferred Qualifications : Associate's degree or higher preferably in business or equivalent business experience.Minimum 3 years of experience in commercial or construction lending, preferably in loan closings..Familiarity with lending software and systems.Minimum Qualifications : High school diploma or equivalent.Previous experience in customer service or a related field.Strong attention to detail and organizational skills.Responsibilities : Prepare loan commitment letters and loan packets for borrowers.Organize and participate in video conference calls with borrowers and Relationship Managers to review the loan commitments and explain the loan closing process.Order the title commitment and work with borrowers to gather other loan closing documents and schedule the loan closing.Prepare loan disbursements, which include the inspection and review of contractors' invoices, American Institute of Architects (AIA) contract forms, and the monitoring of project costs for each construction draw request.Verification of wire instructions in accordance with policy.Prepare and send loan packets to committees, schedule meetings via video conference call, and record minutes of meetings.Contact borrowers to gather financial statements and other pertinent information for loan reviews.Prepare the necessary documentation to add new loans or modify existing loans in the banking software.Other duties as assigned by Senior Management.Required Skills : Experience in Microsoft 365. Strong analytical skills with attention to detail; excellent organizational and time management skills; and effective communication skills.

Proven ability to work well within a team environment plus three years of direct customer experience.Helpful Skills : Understanding of non-profit organizations; knowledge of or experience with the Presbyterian Church (USA). Behavioral Competencies : Ability to work independently and as part of a team; strong critical thinking skills. Elevated level of integrity and professionalism. Physical Requirements : Must have the ability to sit for long periods of time.Must have the ability to lift 20 lbs.Additional Information / Benefits : We believe a balanced life, with time for work, leisure, and spiritual nurture, makes us healthier and more productive colleagues.The Presbyterian Investment and Loan Program offers a competitive benefits package for eligible employees including Medical, Dental, Pension Plan, Short-Term and Long-Term Disability, Employee Assistance Program (EAP), Flexible Spending accounts, 403(b) Retirement Savings Plan, Vacation Days, Sick Days, and Paid Holidays.Our Commitment : Our faith in God inspires our commitment to the values of diversity, equity, inclusion, and belonging and is grounded in scripture, the Constitution of the Presbyterian Church (U.S.A.), and actions of the General Assembly of the Presbyterian Church (U.S.A.).The Presbyterian Investment and Loan Programis committed to being an Equal Employment Opportunity Employer as defined by the U.S. government, including gender identity and sexual orientation.PIc129780c9e5a-29952-38744172 #True